• F
• HOG
• MTB
• ORCL

Street calls of the week

Wall Street analysts provided insights on Oracle, Ford, Harley-Davidson, Shoals Technologies, and M&T Bank, with upgrades and downgrades reflecting market conditions and growth potentials.

• F
• FER

Ferrovial shares fall as Ontario eyes potential 407 ETR buyback

Ferrovial shares drop due to buyback speculation of the 407 Toll Route, raising market uncertainty and highlighting its significance to the company's valuation.

• F

US regulator opens probe into more than 360,000 Ford SUVs over loss of braking

U.S. regulators investigate 368,309 Ford Edge SUVs for brake hose failure causing unexpected loss of braking. Ford previously recalled 488,000 vehicles for similar issues.

• F
• GM
• TM

Ford reports weak US sales for third quarter

Ford reported weaker domestic vehicle sales growth due to affordability concerns, with overall sales slightly up but changes in consumer preferences impacting performance.

• 005380
• BMWG
• F
• GM
• HMC
• STLA
• TM
• VLVLY
• VOWG_p

European automakers most at risk from US dockworkers strike, analysts say

The dockworkers strike at U.S. ports primarily impacts European automakers' imports, but potential industry-wide consequences loom. Companies are assessing and adapting to mitigate disruptions.

• AAL
• BA
• CLF
• CVS
• CZR
• DAL
• F
• FDX
• GM
• GTBIF
• MGM
• PSX
• SAVE
• SBUX
• SPR
• STLAM
• UAL
• UPS
• VLVLY
• WBA
• WYNN

Factbox-From Boeing to Detroit Three, US labor unions flex muscle

A significant rise in labor strikes across various sectors showcases mounting union activism in the U.S., including dockworkers and healthcare professionals, signaling a shift in labor relations.

• F

Ford slashes annual, monthly prices for hands-free driving service

Ford has reduced subscription prices for its BlueCruise hands-free driving technology, making it more accessible while offering a 90-day trial for new customers.

• BA
• CVS
• F
• LI
• MKC
• NIO
• TSLA
• XPEV

CVS Health, Ford, McCormick and Nio rise premarket; Boeing falls

• F
• GM

Goldman upgrades Ford to Buy, trims price targets for auto-exposed stocks

Goldman Sachs upgraded Ford to Buy, expecting significant profitability from software services, while adjusting targets for several auto stocks due to slower industry growth.

• F
• GM
• STLA
• TM

US new vehicle sales in Q3 seen to be growing at weaker pace

U.S. auto sales are expected to grow slowly in Q3 due to inflation, higher costs, and consumer pressure, with expectations of a slight decline in overall new vehicle sales.